Funny Trump-Related Meme Coin Hits an ATH Amid Meme Coins Bull Run, Here the Top Meme Coins to Capitalize On

The meme coin market seems to have witnessed a notable resurgence, with a Donald Trump-themed meme coin recording an all-time high. This renewed market activity seems to have heightened traders’ expectations for increased volatility within the crypto space in the coming weeks.

Notably, top crypto coins like Dogecoin, Shiba Inu, Pepe, Floki, and KangaMoon have all witnessed an impressive surge over the past months, with some surpassing over 400% surge, like KangaMoon, which continues to exhibit a high potential for a further surge, especially with its recent announcement of being listed by BitMart. This outstanding surge also reflects a renewed wave of trader’s interest in meme coins.

KangaMoon (KANG): Pushing the Meme Coin Frenzy Further with Impressive ROI

KangaMoon (KANG) is not just a new token but a star token that seems to have influenced the waning meme coin frenzy. Alongside a significant presale record that saw the coin raise over $6.8 million, KangaMoon seems to have won the hearts of over 32,000 registered users in its unique community while on path to raise $9 million by the end of May.

These impressive statistics, however, stem from the unique features that come with the meme coin. This includes the KANG token, which acts as the main in-game currency for its long-awaited upcoming P2E games ecosystem. The KANG token also allows users to purchase different game items and enhance their gameplay.

With a current value of $0.025, KangaMoon, which is in its bonus stage, has already offered its early investors a chance to enjoy a 400% ROI. At such a pace, analysts have already started anticipating a potential 100x surge once listed by BitMart. Moreover, KangaMoon’s innovative approach also extends to rewarding the KANG holders with exclusive contests even before its launch.

The only thing needed is to share and comment on KangaMoon’s posts. These dynamics set the Kangaverse community as a frontrunner within the meme coin market. Additionally, KangaMoon's partnership with RaidSharkBot aims to enhance the platform's engagement experience, making KangaMoon one of the best meme coins to invest in.

Dogecoin’s Recent Momentum Could be Key in Its Ongoing Bullish Trend

The latest Dogecoin charts indicate that the meme coin is edging closer to a vital support level, which is identified historically as a point where the coin's buying interest increases to prevent a further price dip. This means there is a high possibility for a reversal, provided the market conditions remain favorable and align with sentiment. According to the Dogecoin chart, the coin has been trading below the 50 and 100-day EMA while its relative strength index hovers around the 44.4 mark.

The RSI indicates that DOGE is close to its oversold territory, which means it might be underbought and, therefore, poised for a rebound. However, despite Dogecoin’s recent sell pressure, the DOGE price outlook still remains bullish. According to Kaleo, a prominent trader, who cited the recent GameStop saga by noting that the last time GameStop surged, Dogecoin also exploded in the aftermath.

Shiba Inu’s Lead Developer Lauds the Team Behind ShibaSwap’s Integration with Shibarium Network

Shytoshi Kusama, the lead developer of the Shiba Inu project, applauded the great teamwork that was vital in bringing the ecosystem’s decentralized exchange, ShibaSwap, to Shibarium, a layer-2 network. ShibaSwap, which was launched in July 2021, has been operating as a DEX within the Ethereum blockchain, offering services like staking yield farming and liquidity pools. However, with the latest development, the DEX will be multichain, allowing users to easily swap tokens across both chains, leading to better liquidity management.

This comes at a time when a Shiba Inu whale has recorded a massive profit of over $3.2 million after holding the meme coins for over 2.6 years. According to Spot On Chain, the whale, who initially acquired 199 billion SHIB tokens between October 2021 and September 2023, has seen the investment grow from just $1.68 to around $4.88 million. This is a clear indication of the power that Shiba Inu, which is one of the best meme coins to watch, holds. According to a top analyst, Crypto Breakout, Shiba Inu’s successful breakout of its triangle pattern indicates a continued uptrend for SHIB in the coming days

Pepe (PEPE) Continues With its Enormous Price Rally

Pepe is a deflationary meme coin launched on Ethereum. The coin presents an outstanding offering within the meme coin market by building upon the legacy of Pepe the Frog, which was a character with a controversial and longstanding history. Pepe’s burning mechanism also showcases its distinct nature, aiming to maintain Pepe's scarcity within the crypto market.

Pepe's recent surge seems to be supported by a strong upward trendline, showcasing the coin's consistent upward trend. This trendline has been a major support level, helping the price to remain within its bullish path. Moreover, the 50, 100, and 200 EMAs for the PEPE coin have also increased, providing extra support and reinforcing the positive trend. However, Pepe coin’s RSI is also close to the overbought region, meaning that the meme coin might undergo some short pauses before moving up again.

Will Floki Price Hit a New All-Time High?

Floki has emerged as a strong contender within the meme coin market, sparking different speculation regarding its price directions. As crypto enthusiasts closely monitor its every move, the questions lie on whether or not this meme coin is about to record a new all-time high.

With the price of Floki having recorded a significant surge over the past months, it’s possible that the coin could hit an all-time high soon. This has been attributed to Floki's recent developments, including the FLOKI listing on Binance Thailand. An addition that presents new opportunities for traders while expanding the coin's visibility to a massive group of investors. Furthermore, through its collaboration with Revolut Business, which is the largest neo-bank in Europe, Floki is now able to extend its reach to more than 40 million users across 150 countries, something that seems to contribute to Floki price growth as it aims for an all-time high.

Conclusion

Compared to the other four coins, KangaMoon stands out simply because it holds a lower market cap. With such a lower market cap, this new meme coin stands a higher chance of experiencing a price surge as only a few funds are needed to push its price up. Owing to this, KangaMoon is certainly one of the new meme tokens to watch out for in 2024.

Discover the exciting opportunities of the KangaMoon (KANG) presale today!

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